SunTrust Complaint - SunTrust disrupted my business.
ATLANTA, GEORGIA -- I have had business and personal accounts with SunTrust for 4 years and was using my both accounts in every day business operations.
They have made a nice Christmas present to me a couple of days ago: closed my both accounts without warning!
This effectively stopped my business. Wire transfers I scheduled, did not go out, incoming wire transfers rejected, money transfers were rejected, debit auto pays were rejected and so on!
No consideration for their customer AT ALL!
Nobody could explain anything on the phone - just dumb repeating of one phrase: " your accounts were closed and you will receive the checks for the balance soon". Finally, I found out that the reason for closing was the incoming wire originating from one of my clients in university in United Arab Emirates. Some idiot obviously decided to earn points with the management " fighting terrorism" and my business was easy target.